Kiddie Korner Learning Center Inc

Analysis

Kiddie Korner Learning Center Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Kiddie Korner Learning Center Inc reported income of $1.1m and spending of $1.1m, spending 106% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $1.2m to $1.1m (-9.3%), an average of -3.2% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiddie Korner Learning Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Eberhardt Village Inc ($1.1m), Cady Inc Communities for Alcohol & Drug Free Youth ($1.1m) and Clinton County Agricultural Society ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $647k. At year end it held assets of $27k against liabilities of $10k, net assets of $17k. It reported 19 employees.